Form 4: Par Pacific Holdings Director Acquires Restricted Stock Units

Anthony R. Chase, a director of Par Pacific Holdings, acquired 1,318 restricted stock units on October 5, 2024, which will vest on October 5, 2025.

Summary

• On October 8, 2024, a Form 4 filing was submitted to the SEC regarding Anthony R. Chase, a director of Par Pacific Holdings, Inc.
• The filing reports a transaction that occurred on October 5, 2024, where Mr. Chase acquired 1,318 restricted stock units.
• These restricted stock units represent a contingent right to receive one share of common stock each.
• The restricted stock units will vest in full on October 5, 2025, and the vested shares will be delivered to Mr. Chase following termination of service.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard SEC filing related to stock unit grants, indicating alignment between the director and the company's long-term performance.

Positives

• The acquisition of restricted stock units by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The restricted stock units will vest on October 5, 2025, contingent on continued service.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of restricted stock units by a director can align the director's interests with those of the shareholders.

Key Dates